Spandana Sphoorty Financial downgraded by CareEdge, ICRA after Q3 results

February 5, 2025

CareEgde Ratings: CareEdge and ICRA downgraded Spandana Sphoorty Financial’s debt ratings after weak Q3 results. The microfinance firm faced covenant breaches, early redemptions, and rising NPAs, posting ₹601 crore losses in FY25. Loan write-offs reached ₹971 crore, increasing credit costs.

More To Explore

Eicher Motors Q1 Results: Profit jumps 21% to Rs 1,462 crore

Eicher Motors has announced an impressive 21.4 percent rise in profits for the first quarter. Royal Enfield has set a new benchmark with its highest

July 29, 2026

Waaree Energies Q1 Results: Net profit rises over 15% to Rs 892 crore

Waaree Energies has reported a profit increase of 15.39 percent for the June quarter, fueled by higher revenues that bolstered its financial performance. Notably, the

July 29, 2026

Advertiser Disclosure

Great-investor.com helps users across the globe to find out The latest news, Guides, and Info about finance and investments. Furthermore, our content and research teams do not participate in any advertising planning nor are they permitted access to advertising campaign data.

Disclaimer

It is our organization’s primary mission to provide reviews, commentary, and analysis that are unbiased and objective. While great-investor.com has some data verified by industry participants, it can vary from time to time. Operating as an online business, this site may be compensated through third party advertisers. Our receipt of such compensation shall not be construed as an endorsement or recommendation by great-investor.com, nor shall it bias our reviews, analysis, and opinions. Please see our General Disclaimers for more information.

The information on this website does not constitute investment advice or a recommendation or a solicitation to engage in any investment activity. This website and its content are not intended for residents of the UAE, US, Canada, Australia, UK, Russia, North Korea, China, Japan, Hong Kong, Singapore and Iran.

Top10 International FZ LLE | 17th Floor, Creative Tower | 4422 | Fujairah | TRN: 100608946800003